Ann: St George Prepares to Drill EM Conductors at Windsor, page-9

Anyone notice the excitement over at G88 today. Up 150% to a MC of $22m on Ni grades of about 1% albeit 40 metres.

We're sitting on a (undiluted) MC of about $30m but are hitting grades in the 3-5% range plus double the Co PLUS the PGE's. All we need to do is hit some decently think intercepts in this campaign and it will fly.

From memory, and excuse the lack of technical jargon, some of the current drilling is to test the theory of plunging shoots rather flat plates, hence our narrow strikes to dates. If this theory is correct, and we are lucky enough to hit a big chunk of one, well, do I dare to dream what our MC could be with a hit or two of 20-40m @ 3%Ni + 0.1%Co + 3g/ton PGE.... oh, I forgot the Cu, let's say 2%. (Conservative numbers taken from the headline results as published in Quarterly Activities Statement on Oct 30th)

All I know for sure is that the chance of us coming up with a duster is tiny. Everywhere they a stick a bit, up comes Ni, all were really waiting on is width, and it's got to be down there somewhere.

THink I may have just talked myself into topping up.

Spin drills spin! GLTAH.